BTC price currentl moving down towards a big support level that generated the last ATH.

I marked 3 Zones where i will buy equally amounts for a long term hold. Target is the orange rectangle (Target Zone).

Favorite Zone is Buy Zone 1 as it has a nice confluence with the 50% of the current range and as mentioned above its from where the last ATH (all_time_high) was created from. Its where my biggest buy orders are placed.

Reason for the target zone is that BTC in my expierence likes to create engulfed tops / bottoms and retests them before further movement.

Good luck

Disclaimer:
– This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor.
– You trade entirely at your own risk
– Make your own research
– Finance and trading is evil, capitalism is bad, duh 😉